Portland General Electric declares dividend

PORTLAND, Ore., July 19, 2024 /PRNewswire/ -- On July 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share.The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.The quarterly dividend is payable on or before October 15, 2024, to shareholders of record at the close of business on September 24, 2024.About Portland ...